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Consider a bond selling at par with Macaulay duration of 5.8 , a Yield to Maturity of 6.5% and convexity of 35. What is the

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Consider a bond selling at par with Macaulay duration of 5.8 , a Yield to Maturity of 6.5% and convexity of 35. What is the bond's modified duration? According to the duration rule, what price change would we expect given a 2% change in yield? According to the duration-with-convexity rule, what price change would we expect given a 2% change in yield

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